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Bank of England Embarks on Crypto Data Collection
Home » News » UK » Bank of England Embarks on Crypto Data Collection

Bank of England Embarks on Crypto Data Collection

Mark Hunter 17/12/2024 19:27

Reading Time: 2 minutesThe Bank of England has initiated a data collection exercise to assess financial firms’ exposures to cryptoassets This move aims to enhance the Bank’s understanding of potential risks posed by the growing integration of cryptoassets into the financial system Firms are expected to submit detailed information on their cryptoasset exposures by the

FullCrypto
Reading Time: 2 minutesThe Bank of England has initiated a data collection exercise to assess financial firms’ exposures to cryptoassets This move aims to enhance the Bank’s understanding of potential risks posed by the growing integration of cryptoassets into the financial system Firms are expected to submit detailed information on their cryptoasset exposures by the specified deadline The Bank of England is undertaking a comprehensive data collection initiative targeting financial institutions’ exposures to cryptoassets…
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